Monthly Repayment
$234,793
Minimum Household Income
$469,586
Mortgage Plan
Expenses
Stamp Duty [1]
2,847,500
Agent Commission [2]
670,000
Sub Total
3,517,500
Deposit
Initial Deposit (5%) [3]
3,350,000
S & P Agreement (5%) [3]
3,350,000
Further Down Payment
13,400,000
Sub Total
20,100,000
Total Cash Outlay
23,617,500
Financing
46,900,000
Total Interest Payable
23,537,900
Total Repayment
70,437,900
Monthly Repayment
234,793
[1] Exact Stamp Duty to be determined by Government
[2] Exact Real Estate Agent Commission to be confirmed by Real Estate Agent
[3] Normally 5% of the purchase price (Exact % to be negotiated between buyer and seller)
The calculated values are based on assumptions and provide an approximate result for your reference only.